Akio Toyoda Net Worth is$1 Billion
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Profession: Chief Executive Officer
Date of Birth: May 3, 1956
Country: Japan
Akio Toyoda is the president and CEO of the Toyota Motor Corp and has a net worth of $1 billion. Akio Toyoda has accumulated his net worth through his years with the Toyota Motor Corporation. He was born in Nagoya, Japan and became President of Toyota in 2009.
Akio Toyoda (?? ??, Toyoda Akio?, born May 3, 1956) is the president and CEO of Toyota Motor Corporation.
He received his MBA from Babson College.
Akio Toyoda joined Toyota in 1984. In 2000 he joined Toyota's board of directors. In 2005 he was promoted to executive vice president.
In January 2009 he was announced as the forthcoming president of the company. On June 23, 2009 he was confirmed as the new president of the company, along with four new executive vice presidents and eight new board members. The previous president and CEO Katsuaki Watanabe became vice chairman replacing Katsuhiro Nakagawa.
On February 17, 2010, Toyoda was called up to Washington by the U.S. Congress, and seven days later, issued a prepared statement to the Congress. Toyoda focused on three key issues, which included the recalled vehicles. Toyoda also stated that he is "deeply sorry" repeatedly; however, many lawmakers were asking tough questions regarding the recalled vehicles.
Toyoda was born in Nagoya. The descendants of Sakichi Toyoda who established Toyoda Automatic Loom Works, have long dominated the upper management of Toyota Motors, which was incorporated in 1937. Shoichiro Toyoda was born in Nagoya on February 17, 1925, the son of Kiichiro Toyoda, who would become the president of Toyota between 1941 and 1950; and in due course, Shoichiro Toyoda became president of the company between 1982 and 1992. His 52-year old son, Akio Toyoda, was the chief contender for the office of president when Katsuaki Watanabe was to have relinquished that post to become Chairman, Toyota's natural progression. In 2009, Mr. Watanabe was awarded only the Vice-Chairman job, possibly a subtle commentary on the quality crisis.

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Akio Toyoda Latest News

Import power represents an economic weapon

Import capacity is power. In 2010, when I witnessed then 52-year-old Toyota CEO Akio Toyoda being queried over Toyota's quality scandal in the US House of Representatives, I drew this conclusion. As one of the most influential enterprise leaders in Japan ...
Posted: December 7, 2017, 6:48 am

Toyota Overhauls Executive Ranks in Massive “Now or Never” Reorg

CEO Akio Toyoda is overhauling almost every division and reshuffling job responsibilities in the biggest corporate shakeup since the company’s unintended-acceleration debacle. Toyota is preparing for “profound transformation” as automated driving ...
Posted: November 29, 2017, 1:23 pm

Toyota Is Scrambling To Figure Out The Future

From Automotive News: [President Akio Toyoda], grandson of the company’s founder, is stoking a crisis mindset at Toyota Motor in a bid to keep the giant company nimble and responsive to cataclysmic change besetting the industry, from a rush of new ...
Posted: December 4, 2017, 6:08 am
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